Ethnic Groups: Han Chinese,Zhuang,Manchu,Hui,Miao,Uyghar,Tujia,Yi,Mongol,Tibetan,Buyi,Dong,Yao,Korean Religious Groups:Daoist,Buddhist,Christian,Muslim
Economic Information: Currency and Exchange Rate: Renminbui yuan per U.S. dollar- 6.8249
Poverty rate: 2.8%
Major Industries: Mining and Ore proscessing,Iron steel,Aluminum.Coal
Major Imports and Exports: Electricity,Oil,Natural Gas,Commodities
In January China’s oil demands have gone up 28% since last year. The IEA has increased its global oil demand forecast for 2010 1.8%, that’s 8.6 million barrels a day. The price of oil in China has become $83 a barrel and the IEA stated the high prices were a result of heightened geopolitical tensions affecting oil producing countries. However the IEA also claimed that this is being balanced by the amount of oil physically.
I don’t think this is anything to worry about. The oil price in China dropped from $83 a barrel to $80 of the afternoon the $83 price was announced. Plus producing countries have been pumping out an estimated 115,000 extra barrels of oil a day. This should cause the price per barrel to eventually drop.
In China three Japanese men were executed for smuggling methamphetamine into the country. One of the men came to China in 2003 with 5kg of the drug, then arranged for two more men to come into the country with more of the narcotic at two airports in Liaoning. Both men were arrested and the first man was caught later. All three men were executed on April 9, 2010. This has caused some tension between China and Japan.
While I don’t condone the selling or use of illegal narcotics, the death penalty may have been a little harsh. I can see why China is taking a strong stand against drugs, but the death sentence in my opinion is way to extreme of a punishment. And it could cause a rift between the two nations.
Political Information:
Current Goverment: Communism with Capitalist ecomonics
Current Leader: Hu Jintao
Type of goverment: Communism with capitalist Economics
Legal System: Based on a civil law system
Suffrage age: 18
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Social information:
Population: 1,338,612,968
Life Expectancy; 73.47 years
HIV/AIDS rate: .1%
Literacy Rate: 90.9%
Languages: Mandarin,Yue,Wu,Minbei,Minnian,Xiang,Gan,Hakka
Ethnic Groups: Han Chinese,Zhuang,Manchu,Hui,Miao,Uyghar,Tujia,Yi,Mongol,Tibetan,Buyi,Dong,Yao,Korean
Religious Groups: Daoist,Buddhist,Christian,Muslim
Economic Information:
Currency and Exchange Rate: Renminbui yuan per U.S. dollar- 6.8249
Poverty rate: 2.8%
Major Industries: Mining and Ore proscessing,Iron steel,Aluminum.Coal
Major Imports and Exports: Electricity,Oil,Natural Gas,Commodities
Natural Resources:Coal,Iron ore,Petroleum,natural gas,mercury,tin,antimony,manganese,molybdenum,magnetite,aluminum,lead,zinc,uranium
GDP per capita: 6,500
History:
Current Events & Issues:
In January China’s oil demands have gone up 28% since last year. The IEA has increased its global oil demand forecast for 2010 1.8%, that’s 8.6 million barrels a day. The price of oil in China has become $83 a barrel and the IEA stated the high prices were a result of heightened geopolitical tensions affecting oil producing countries. However the IEA also claimed that this is being balanced by the amount of oil physically.
I don’t think this is anything to worry about. The oil price in China dropped from $83 a barrel to $80 of the afternoon the $83 price was announced. Plus producing countries have been pumping out an estimated 115,000 extra barrels of oil a day. This should cause the price per barrel to eventually drop.
http://news.bbc.co.uk/2/hi/business/8563985.stm
In China three Japanese men were executed for smuggling methamphetamine into the country. One of the men came to China in 2003 with 5kg of the drug, then arranged for two more men to come into the country with more of the narcotic at two airports in Liaoning. Both men were arrested and the first man was caught later. All three men were executed on April 9, 2010. This has caused some tension between China and Japan.
While I don’t condone the selling or use of illegal narcotics, the death penalty may have been a little harsh. I can see why China is taking a strong stand against drugs, but the death sentence in my opinion is way to extreme of a punishment. And it could cause a rift between the two nations.
http://news.bbc.co.uk/2/hi/asia-pacific/8610718.stm
Reference:
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